OCULUS RIFTNick CorcoranJosh Birkland

COMPANY BACKGROUND Founded by Palmer Luckey Headquarters Located in Irvine, California Launched a Kickstarter campaign to help fund the development of their

first product With the support of top video game companies including Valve, Epic Games

and Unity, the Kickstarter was an enormous success, raising over $2.4 million in funding from project backers and supporters around the world.

Facebook bought Oculus VR on March 25, 2014 400 million in cash 1.6 billion in Facebook stock Addition 300 million if they meet certain financial targets

ABOUT OCULUS RIFT The Oculus Rift is a new virtual reality headset that lets players step

inside their favorite games and virtual worlds Uses custom tracking technology to provide ultra-low latency 360°

head tracking The Oculus Rift creates a stereoscopic 3D view with excellent depth

and scale. The Oculus Rift provides an approximately 100° field of view,

stretching the virtual world beyond your peripheral vision.

WHAT IT LOOKS LIKE

PRODUCTS Development Kit ($300.00)

sold 60,000 units Development Kit 2 available for preorder since March 19 (350.00)

Sold 25,000 Not a consumer product yet however expected to be available at the

end of this year or early next year Rumors say it will be around $300.00

COMPATIBILITY Windows OS X Linux Android

Its main use is for video games however it may also be used for watching movies

DISCUSSION Who was the founder of Oculus VR?

How many units did the first Development kit sell?

The field of view is how many degrees? 180 100 360

QUESTIONS